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Polimec proclaims integration with Banxa, simplifying Web3 fundraising on Polkadot utilizing Fiat Funds

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Zug, Switzerland, October 18, 2024, Chainwire

Polimec, the decentralized web3 fundraising protocol on Polkadot, is happy to announce its integration with Banxa, a distinguished fiat-to-crypto gateway. This integration permits customers to spend money on blockchain initiatives utilizing bank cards, bringing a brand new person expertise and making it simpler for skilled and new traders to take part in Web3 fundraising.

What's new?

Via Banxa integration, Polimec customers can immediately convert fiat currencies comparable to USD and EUR into tokens comparable to USDT, USDC and DOT that can be utilized to spend money on blockchain collections. This growth is a major step in bridging the hole between conventional finance (Web2) and decentralized finance (Web3), offering seamless entry to Web3 funding alternatives.

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Why it issues

Polimec is designed to facilitate secure, compliant and clear capital elevating within the dynamic Web3 area. Given the rising demand for appropriate and clear fundraising mechanisms, this integration is especially well timed and essential.

By incorporating Banxa's fiat-to-crypto gateway, Polimec considerably lowers the boundaries to entry for Web3 fundraising. The mixing permits each crypto veterans and newcomers to take part in blockchain fundraising utilizing acquainted fiat currencies comparable to USD and EUR, eliminating the necessity for advanced conversions.

“This partnership with Banxa reinforces Polimec's mission to streamline Web3 fundraising,” mentioned Flavio Bianchi, Basis Board at Polimec. “By integrating Banxa's fiat-to-crypto gateway, Polimec is making the combination course of extra inclusive, enabling wider participation and creating new alternatives for every type of traders.”

The way it works

Participation in Polimec collections is straightforward:

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  • Step 1: Choose Banxa as your most well-liked fee methodology.
  • Step 2: Pay with a fiat foreign money like USD or EUR utilizing your bank card.
  • Step 3: Immediately get the participation tokens to the investor's crypto pockets.

This simplified course of permits customers to become involved in blockchain initiatives with out having to undergo difficult crypto conversions, making the expertise extra accessible and user-friendly.

What's subsequent?

This collaboration represents one other milestone in Polimec's ongoing efforts to enhance person expertise and accessibility. Polimec is actively engaged on further options to additional streamline the funding course of and strengthen the capabilities of the Polimec protocol.

With Banxa built-in, Polimec is shifting in direction of its purpose of constructing Web3 multi-chain investments obtainable on a worldwide scale.

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About Polimec

Polimec is a permissionless fundraising infrastructure protocol that gives an automatic framework for initiatives to boost funds throughout a broad and numerous investor base with clear and honest entry for all. The protocol permits entry to fundraising and controls the issuance, distribution and conversion of tokens to the mainnet.

Contact

Basis Board
Flavio Bianchi
Politician
(electronic mail protected)

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